Friday, April 23, 2021

business

Cabinet extends Nam Phong petroleum concession to Exxon for 10 years


The Cabinet gave ExxonMobil Exploration and Production Khorat Inc the go-ahead to explore for and produce petroleum in Khon Kaen’s Nam Phong district for another 10 years until 2031.

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The contract is from March 16 until March 15, 2031.

Deputy government spokeswoman Traisuree Taisaranakul said the government would benefit to the tune of US$25.04 million (Bt750 million) from the contract.

Published : March 03, 2021

By : The Nation